Raw gold material

Ended Awarded

Contract number
0508
Awardee
Awarding agency
Obligated
$3,410,061

Award facts

Contract value 100% obligated
$3,410,061.33 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
331491 Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding
PSC
9660 Precious Metals Primary Forms
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Santa Monica, CA 90401, USA

Award details come from SAM.gov/FPDS.

About this award

Written by GovTribe AI ·

This is a firm fixed-price delivery order contract awarded by the United States Mint to A-Mark Precious Metals, Inc., a for-profit organization, for the delivery of raw gold material. The contract is valued at $3,410,061.33 and is part of the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. A-Mark Precious Metals, Inc. is a premier wholesaler and trading company specializing in precious metals, with a primary focus on supplying raw gold and silver bullion to the United States Mint. The contract does not have a set-aside designation, and the place of performance is in Santa Monica, California.

Quick answers

Who was awarded contract 0508?

0508 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on April 22, 2016.

How much is contract 0508 worth?

The government has obligated $3,410,061 on 0508.

Is contract 0508 an order under another contract?

Yes. 0508 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0508 competed?

The extent of competition for 0508 was full and open competition. The government received 2 offers.

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